MLS® listing
38 Gandhi Lane 102: condo apartment for sale
$550,000














From the listing brokerage
Enjoy the highly sought-after grandeur of townhome-style living in this newer, premium condo unit with soaring 11-foot ceilings that create a house-like feel. This 1-bedroom plus den layout is equipped with two full washrooms. The spacious den easily serves as a private second bedroom or home office for busy professionals. This home delivers maximum comfort and privacy. It includes the ultimate convenience of a private secondary door opening straight to the street--perfect for guests and pet owners, say goodbye to lobby traffic and elevator wait time, also ideal for professionals, downsizers, pet lovers. Close to Hwy404 & 407, Time Square, Commerce Gate, Costco and New T&T and Groceries, Banks, Hotels, Restaurants, Schools. Check attachments for the 648sqft Floor Plans.
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Style | Apartment |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Monthly fee | $391 |
| Property tax | $2,178 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Heat Included, Common Elements Included, Building Insurance Included, Parking Included |
| Balcony | None |
| Laundry | Ensuite |
| Interior features | Carpet Free, Built-In Oven, Separate Hydro Meter |
| Floor | 1 |
Listing courtesy of RE/MAX WEST REALTY INC.. MLS® N14111360.
About this condo apartment
38 Gandhi Lane 102 is a 2 bedroom condo apartment in TRREB's Commerce Valley community in Markham, listed for sale at $550,000. The listing shows 2 bathrooms and 600-699 square feet. It comes with 1 parking space and a locker (owned) according to the listing. The garage is listed as underground. The nearest main intersection given is Bayview Ave & Hwy 7.
These details come from the listing brokerage through TRREB's MLS® System and are not guaranteed. Measurements, parking and what is included should be checked at a showing, against the status certificate and in the agreement of purchase and sale.
What it costs to buy 38 Gandhi Lane 102
At the asking price of $550,000, a buyer in Markham pays Ontario land transfer tax on closing. The City of Toronto is the Ontario municipality that charges a municipal land transfer tax of its own, so there is no second tax here.
| Asking price | $550,000 |
|---|---|
| Ontario land transfer tax | $7,475 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $30,000 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The tax is worked out at the published rates for a home with one or two single family residences and your lawyer confirms the final amount. Legal fees, title insurance and adjustments are extra: our closing costs guide lists them. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $391 a month |
|---|---|
| Property tax (2025) | $2,178 a year, about $182 a month |
| Fee and tax together | about $573 a month |
The listing says the fee includes heat, common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. A condo corporation sets its fees in each year's budget, so the amount can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB's Market Watch recorded 55 condo apartment sales in Markham in September 2026, at a median of $535,000 and an average of $574,612. This home is listed at $550,000, which is $15,000 above that median.
A city-wide median covers every size, age and neighbourhood, so it is a reference point and not a valuation of this home. Size, floor, parking, condition and the building's finances all move the price. Our September 2026 market report and our Markham house prices page have the figures for each home type.
What to check before you make an offer
- Order the status certificate. An Ontario condo corporation must give one within 10 days of receiving the request and the fee, which is capped at $100. It shows the common expenses for this unit, any arrears, the budget, the reserve fund and any legal actions. Our guide explains what a status certificate tells you.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker (owned). Ask whether each is owned, exclusive use or rented. Get the unit numbers too.
- Get your financing in writing. A lender looks at the property tax and the monthly fee as well as the price.
- See it in person. photos do not show noise, light at different hours or the condition of the hallways and elevators.
Our page on buying a home in Markham sets out the steps in order. This is general information, not legal advice. Confirm the details with a lawyer.
Markham homes and neighbourhoods
This site covers Markham neighbourhood by neighbourhood, with TRREB prices, housing and transit for each one. The search also lists homes in the cities around Markham.
Markham neighbourhood guides · Markham house prices · All Markham homes for sale
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Questions about 38 Gandhi Lane 102
How much is land transfer tax on 38 Gandhi Lane 102?
At the asking price of $550,000 the Ontario land transfer tax is $7,475. Markham has no municipal land transfer tax. A first-time buyer who qualifies can get up to $4,000 back. Confirm the final figure with your lawyer.
What is the minimum down payment for 38 Gandhi Lane 102?
$30,000 at the asking price of $550,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 38 Gandhi Lane 102?
The listing shows $391 a month, including heat, common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 38 Gandhi Lane 102?
The listing shows $2,178 a year for 2025, about $182 a month.
Is 38 Gandhi Lane 102 priced above or below the Markham median?
It is listed at $550,000. TRREB's September 2026 median for condo apartment sales in Markham was $535,000 across 55 sales, so the asking price is $15,000 higher. The median covers every size and neighbourhood.
How do I book a showing for 38 Gandhi Lane 102?
Use the form on this page or call us. Quote MLS® N14111360. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 38 Gandhi Lane 102 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn, this address goes to the neighbourhood guide. Where this site has no guide for that community, the page says the home has sold. Contact us to confirm before you make plans.
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